Pieno zvaigzdes AB, not audited financial results for the year 2008


Revenues for the year 2008 reached 666.3 million LTL (193.0 million EUR) and
have increased by 0.4% compare to the revenues of 663.4 million LTL (192.1
million EUR) a year ago. 

EBITDA for the year 2008 reached 49.1 million LTL (14.2 million EUR) and have
decreased by 44.1% compare to 87.8 million LTL (25.4 million EUR) a year ago. 

Net loss for the year 2008 was -4.3 million LTL (-1.3 million EUR) compare to
the net profit of 33.3 million LTL (9.6 million EUR) a year ago. 

Decreased gross margin on export sales had core impact on total profitability,
which was less than initially planned. 


Audrius Statulevicius
CFO
(+370 5)246 1419